Shares of Twitter slid more than 7% in the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company and the social media platform vowed to challenge Musk in court to uphold the agreement.Shares of Twitter slid more than 7% in the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company
Musk agreed to a $1 billion breakup fee as part of the buyout agreement, though it appears Twitter CEO Parag Agrawal and the company are settling in for a legal fight to force the sale Musk agreed to a $1 billion breakup fee as part of the buyout agreement, though it appears Twitter CEO Parag Agrawal and the company are settling in for a legal fight to force the sale.
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Looming Musk-Twitter legal battle hammers company sharesShares of Twitter slid more than 6% at the opening bell Monday after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company and the social media platform vowed to challenge Musk in court to uphold the agreement.
Source: sfexaminer - 🏆 236. / 63 Read more »
Twitter stock plunges as company and Elon Musk dig in for legal fightShares of Twitter plummeted on Monday afternoon on the prospect of a prolonged legal fight between the social media company and billionaire Elon Musk, who says he's pulling out of a buyout deal, leaving Twitter's future in doubt. I’m pretty sure that was the intent 11.3% the market doesn’t like liars, especially those who file fraudulent statements with the SEC. Anybody can change their mind before the check is Signed 🤣right? Affirmative 😎
Source: CBSNews - 🏆 87. / 68 Read more »
Twitter Shares Down More Than 6% In Pre-Market As Legal Fight Against Musk LoomsTwitter’s board has said it will take legal action to ensure that its sale to Elon Musk goes through after the billionaire walked away from the deal Friday. 🤔
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